Fund Profile

Worldwide investments into an actively managed portfolio of Shariah-compliant equities, which may be located in any jurisdiction or in any economic sector and quoted on a Recognised Stock Exchange

Objective

Long term capital growth.
Investment Process: The investment process for the fund is quantitative and consistently realigns the portfolio towards the dominant trends within the Valuation, Earnings and Price Momentum, Quality, Volatility and Financial Strength styles. The process aims to maintain sector and key currency neutrality.

Risk analysis (3Y p.a. USD)

Performance chart*

The data shown represents the actual performance of the WSF Global Equity Fund - USD Class A Cell as of the date 16.8.2010. Performance shown does not take account of any fees and costs associated with subscribing or redeeming shares. It is assumed that all dividends were reinvested. Past performance should not be taken as a guide to the future. The value of investments can fall as well as rise. Changes in market conditions and exchange rates can cause a drop or an increase in the share value. Before investing in WSF Cells investors should contact their financial adviser and refer to all relevant documents relating to the particular Cell, such as the latest annual report, Offering Memorandum and relevant Supplement, which specify the particular risks associated with the Cell, together with any specific restrictions applying, and the basis of dealing. In the event an investor chooses not to seek advice from a financial adviser, he should consider whether the WSF is suitable investment for him.

Top Ten Holdings

31.12.2018

Holdings

%

Microsoft Corp

5.09

Pfizer Inc

2.74

Visa Inc

2.60

Mastercard Inc

2.35

Adobe Systems Inc

2.09

Danaher Corp

1.90

Texas Instruments Inc

1.90

Union Pacific Corporation

1.90

Intuitive Surgical Inc

1.85

Accenture PLC

1.81

Investment manager

Investment advisor

Cogent Asset Management Ltd
The founder directors of Cogent Asset Management Ltd have previously managed award-winning and top performing funds across various categories. The team has developed a propitiatory strategy for managing equities through a process driven and systematic approach to investment which rigorously implements stock selection based on quantifiable fundamental criteria.

Portfolio manager

Ian Lancaster
Ian has more than 20 years of investment experience and an MBA from Imperial College London, during which time he researched the quantitative screening of equities (Distinction). Ian has worked as a Fund manager with leading institutions including Axa Equity and Law, General Accident and Norwich Union (Aviva) where his Equity Income Fund ranked 3rd out of 67 funds over a five and a half-year period to September 2007. Prior to establishing Cogent Asset Management Ltd, Ian was Chief Executive Officer at award-winning Islamic asset management company, Reliance Asset Management (Malaysia) Sdn Bhd.